S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
3 tech outperformers adored by analysts
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
3 tech outperformers adored by analysts
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
3 tech outperformers adored by analysts
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

Butterfly Network (BFLY) Stock Price, News & Analysis

$0.94
+0.02 (+2.71%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$0.91
$0.95
50-Day Range
$0.79
$1.22
52-Week Range
$0.76
$3.22
Volume
792,400 shs
Average Volume
2.23 million shs
Market Capitalization
$195.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.25

Butterfly Network MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
138.4% Upside
$2.25 Price Target
Short Interest
Bearish
11.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$13,771 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.57) to ($0.49) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Medical Sector

570th out of 942 stocks

X - Ray Apparatus & Tubes Industry

5th out of 6 stocks


BFLY stock logo

About Butterfly Network Stock (NYSE:BFLY)

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.

BFLY Stock Price History

BFLY Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Oppenheimer Reaffirms Their Buy Rating on Butterfly Network (BFLY)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Butterfly Network Q3 2023 Earnings Preview
Butterfly Network Inc. Warrants
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
X - ray apparatus & tubes
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.25
High Stock Price Target
$2.25
Low Stock Price Target
$2.25
Potential Upside/Downside
+138.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-168,720,000.00
Net Margins
-180.32%
Pretax Margin
-180.24%

Debt

Sales & Book Value

Annual Sales
$68.37 million
Book Value
$1.62 per share

Miscellaneous

Free Float
150,890,000
Market Cap
$195.48 million
Optionable
Optionable
Beta
1.93
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Key Executives

  • Dr. Jonathan M. Rothberg Ph.D. (Age 59)
    Founder & Director
    Comp: $67.5k
  • Ms. Heather C. Getz CPA (Age 48)
    M.B.A., Executive VP, CFO & COO
    Comp: $974.03k
  • Dr. Andrei G. Stoica Ph.D. (Age 50)
    Chief Technology Officer
    Comp: $993.63k
  • Mr. Joseph M. DeVivo (Age 56)
    CEO, President & Chairman of the Board
  • Mr. David H. Ramsey (Age 53)
    Chief Information Officer
  • Mr. Darius  ShahidaMr. Darius Shahida (Age 31)
    Chief Strategy Officer & Chief Business Development Officer
    Comp: $1.63M
  • Dr. John Martin F.A.C.S. (Age 64)
    M.B.A., M.D., Chief Medical Officer
  • Mr. John S. Soto (Age 59)
    Senior Vice President of International Sales














BFLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Butterfly Network stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Butterfly Network in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BFLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BFLY, but not buy additional shares or sell existing shares.
View BFLY analyst ratings
or view top-rated stocks.

What is Butterfly Network's stock price target for 2024?

1 equities research analysts have issued twelve-month price objectives for Butterfly Network's stock. Their BFLY share price targets range from $2.25 to $2.25. On average, they anticipate the company's share price to reach $2.25 in the next year. This suggests a possible upside of 138.4% from the stock's current price.
View analysts price targets for BFLY
or view top-rated stocks among Wall Street analysts.

How have BFLY shares performed in 2023?

Butterfly Network's stock was trading at $2.46 at the start of the year. Since then, BFLY shares have decreased by 61.6% and is now trading at $0.9438.
View the best growth stocks for 2023 here
.

Are investors shorting Butterfly Network?

Butterfly Network saw a decrease in short interest in October. As of October 31st, there was short interest totaling 17,970,000 shares, a decrease of 11.3% from the October 15th total of 20,270,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 8.3 days. Approximately 12.1% of the shares of the company are short sold.
View Butterfly Network's Short Interest
.

When is Butterfly Network's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our BFLY earnings forecast
.

How were Butterfly Network's earnings last quarter?

Butterfly Network, Inc. (NYSE:BFLY) issued its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02. The firm earned $15.42 million during the quarter, compared to analysts' expectations of $15.16 million. Butterfly Network had a negative net margin of 180.32% and a negative trailing twelve-month return on equity of 42.63%.

What ETFs hold Butterfly Network's stock?

ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON), ARK Genomic Revolution ETF (ARKG) and Fidelity Digital Health ETF (FDHT).Global X Internet of Things Thematic ETF (SNSR).

Who are Butterfly Network's major shareholders?

Butterfly Network's stock is owned by a number of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (6.15%), Northern Trust Corp (0.58%), Charles Schwab Investment Management Inc. (0.54%), Raymond James & Associates (0.45%), Bank of New York Mellon Corp (0.28%) and GSA Capital Partners LLP (0.25%). Insiders that own company stock include Andrei G Stoica, Darius Shahida, David Perri, Heather C Getz, Joseph Devivo, Larry Robbins, Lawrence T Weiss, Mary Miller, Stacey Pugh, Stephanie Fielding, Todd Fruchterman and Troy Quander.
View institutional ownership trends
.

How do I buy shares of Butterfly Network?

Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:BFLY) was last updated on 12/11/2023 by MarketBeat.com Staff

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